1. Visa Bankruptcy Education Services
Bankruptcy Statistics October 22, 2015

2. Notice of confidentiality
This presentation is furnished to you solely in your capacity as a customer of Visa Inc. and/or a participant in the Visa payments system. By accepting this presentation, you acknowledge that the information contained herein (the “Information”) is confidential and subject to the confidentiality restrictions contained in Visa’s rules and/or other confidentiality agreements, which limit your use of the Information. You agree to keep the Information confidential and not to use the Information for any purpose other than in your capacity as a customer of Visa Inc. or as a participant in the Visa payments system. The Information may only be disseminated within your organization on a need-to-know basis to enable your participation in the Visa payments system. Please be advised that the Information may constitute material non public information under U.S. federal securities laws and that purchasing or selling securities of Visa Inc. while being aware of material non public information would constitute a violation of applicable U.S. federal securities laws.
Special note regarding forward-looking statements
This presentation contains forward-looking statements. These statements may be identified by the use of words such as “forecast,” “will,” “believes,” “anticipates,” “intends,” “estimates,” “expects,” “projects,” “plans” or similar expressions. By their nature, forward-looking statements are not guarantees of future performance or results and are subject to risks, uncertainties and assumptions that are difficult to predict or quantify. Assumptions were made by us in light of our experience and our perceptions of historical trends, current conditions and expected future developments and other factors that we believe are appropriate under the circumstance. The forward-looking statements are subject to risks and uncertainties, which may cause actual and future results and trends to differ materially from the forward-looking statements.

3. Bankruptcy Filings per Week
Total Week 41 – 13,738 Filings
Week 41
Year
Actual
Growth
2013
1,011,732
-12.6%
2014
889,435
-12.1%
2014 YTD ( 10/17/2014)
731,028
2015 YTD ( 10/17/2015)
652,295
-10.8%
2015 Forecast
810,000
-8.9%
2016 Forecast
From 800,000
To 1,000,000
2017 Forecast
From 1,000,000
To 1,200,000

4. Chapter 13 Bankruptcy Filings
As a Percent of Total Filings (By Week)

5. Bankruptcy Filings per Month
Total Month 9 – 66,591 Filings
Year
Actual
Growth
2013
1,011,732
-12.6%
2014
889,435
-12.1%
2014 YTD ( 10/10/2014)
716,245
2015 YTD ( 10/10/2015)
638,557
-10.8%
2015 Forecast
810,000
-8.9%
2016 Forecast
From 800,000
To 1,000,000
2017 Forecast
From 1,000,000
To 1,200,000

6. Bankruptcy Filings per Month
Actual vs. Forecast

7. Bankruptcy Filings per Court Day
Total

8. Bankruptcy Filings per Court Day
Growth
See chart table for detail

9. Bankruptcy Filings per Court Day
By Chapter
See chart table for detail

10. Bankruptcy Dismissal Rates
Chapter 7 Filings

11. Bankruptcy Dismissal Rates
Chapter 13 Filings

12. Bankruptcy Filings per Region
Growth YTD 9/30/2014 vs. 9/30/2015
Note: Monthly growth compares filings in the current month to those of the same month in the previous year after adjusting for the # of open court days.

13. Bankruptcy Filings Personal and Business
Note: The Visa forecast is based on a 10.9 percent decline for 2015, a 11.1 percent growth for 2016, and a 22.2 percent growth for 2017.
Source: Administrative Office of the U.S. Courts

14. Bankruptcy Filings per Week
Puerto Rico Week 41 – 173 Filings
Week 41
Year
Actual
Growth
2010
12,034
9.6%
2011
10,896
-9.5%
2012
10,158
-6.8%
2013
10,735
5.7%
2014
10,605
-1.2%
2014 YTD ( 10/17/2014)
8,553
2015 YTD ( 10/17/2015)
8.061
-5.8%

15. Bankruptcy Information Service
Regional Definitions
The following information was generated from the Bankruptcy Information Service. The service collects filings from all of the United States Bankruptcy Courts (50 states) and notifies credit card issuers of personal bankruptcy filings affecting their specific bankcard portfolio.
Regional Definitions
MOUNTAIN
Arizona
Colorado
Idaho
Montana
New Mexico
Utah
Wyoming
NORTH CENTRAL (EAST)
Illinois
Indiana
Michigan
Ohio
Wisconsin
NORTH CENTRAL (WEST)
Iowa
Kansas
Minnesota
Missouri
Nebraska
North Dakota
South Dakota
NORTHEAST
Connecticut
Delaware
Maine
Massachusetts
New Hampshire
New Jersey
New York
Pennsylvania
Rhode Island
Vermont
SOUTH (EAST)
District of Columbia
Florida
Georgia
Kentucky
Maryland
North Carolina
South Carolina
Tennessee
Virginia
West Virginia
PACIFIC
Alaska
California
Hawaii
Nevada
Oregon
Washington
SOUTH (WEST)
Alabama
Arkansas
Louisiana
Mississippi
Oklahoma
Texas

16. Thank you